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Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News, the.

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Speaker 2: Stock Movers Report, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: Let's get into today's market action. We start with Bloomberg

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Speaker 3: News Equities reporter Alexandra Semenova and Bloomberg TV Markets correspondent

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Speaker 3: Nora Melnda with some of the stocks on the move.

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Speaker 3: Alex kick it off with us. You've got a couple

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Speaker 3: of names that actually moved to the upside today.

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Speaker 1: Hey guys, what a fitting way to end twenty twenty five.

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Speaker 1: The AI deal making is We're not done yet right,

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Speaker 1: almost done, but it's going on right until the final

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Speaker 1: stretch of trading. Those investment bankers aren't getting a break in.

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Speaker 1: The latest deal is Meta Platforms set to buy an

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Speaker 1: a EE agent with Chinese roots. The company is called Mannus.

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Speaker 1: It is based in Singapore. Shares of Meta are up

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Speaker 1: about one point one percent here into the close. This

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Speaker 1: is part of its effort to build a business around

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Speaker 1: its massive investment in AI. You guys remember back in

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Speaker 1: Nova they announced six hundred billion dollars worth of investment

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Speaker 1: in AI infrastructure. The deal values Manus at North of

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Speaker 1: two billion dollars according to sources. It also marks a

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Speaker 1: very rare US acquisition of an Asian technology company. Actually,

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Speaker 1: back in May, the venture capital firm Benchmark was criticized

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Speaker 1: by lawmakers and other vcs for backing an a I

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Speaker 1: company with ties to China. Apparently in this situation, though,

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Speaker 1: Manus's existing investors have been bought out by a Meta's takeover,

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Speaker 1: and the company said that there will be no continuing

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Speaker 1: Chinese ownership interests here.

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Speaker 4: So fascinating.

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Speaker 3: Talk to us a little bit about biotech companies, and

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Speaker 3: there's always one on the move, and today as Altrogenics.

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Speaker 1: Yeah, here's one that is trading a little bit like

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Speaker 1: a meme stock, as they often do in this sector.

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Speaker 1: This is Ultrogenics Pharmaceutical that is ticker Rare share sore

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Speaker 1: today looks like fifteen percent here. That is the biggest

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Speaker 1: move since January of twenty twenty. Jeffrey's analyst say the

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Speaker 1: stock could rebound in twenty twenty six. So what happened

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Speaker 1: here was it actually plunged more than forty percent yesterday,

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Speaker 1: and this is somewhat of a recovery here. Jeffery's also

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Speaker 1: giving it a little bit of a boost with its

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Speaker 1: positive outlook. Analysts highlight that the company is maintaining twenty

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Speaker 1: twenty seven profitability guidance, and we'll provide guidance on exposure

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Speaker 1: reductions in early twenty twenty six. These stocks often see

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Speaker 1: really big swings in either direction.

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Speaker 4: Here to the upside today, all right, Alex Sevanova, thank

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Speaker 4: you so much for that.

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Speaker 3: Bloomberg News Equities reporter with some of the gainers in

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Speaker 3: today's session, which was a tougher job to do because there.

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Speaker 4: Weren't as many gainers in the Tuesday trade.

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Speaker 3: Let's get over to some of the decliners, and of

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Speaker 3: course Norm Melinda here with that. I'm going to start

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Speaker 3: with a name that we don't really talk about a lot,

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Speaker 3: but it's just south of kind of where we are.

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Speaker 5: Yeah, I mean tough on the downside here as well.

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Speaker 5: Not too much trading activity that we saw in this

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Speaker 5: market today. I'm looking at shares of Ocean First Financial Corp.

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Speaker 5: Let's take OURCFC. We're seeing shares that ended lower by

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Speaker 5: more than six percent. This is after the company agreed

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Speaker 5: to buy Flushing Financial. So this is a bank that

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Speaker 5: delivers commercial and residential financing services. Is about one million

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Speaker 5: dollars in market cap, so not a massive company that

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Speaker 5: we're talking billion dollars right, Excuse me, it should be

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Speaker 5: I think I have a million?

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Speaker 4: No, No, isn't it one billion billion? The zeros billion dollars.

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Speaker 4: You know it just didn't want a good cap. I

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Speaker 4: just didn't want them to call you, call us up

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Speaker 4: and say, hey, it's.

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Speaker 5: A fantastic catch one billion dollars with the capital b

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Speaker 5: in market points do matter because the comm don't matter

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Speaker 5: for the bank matter the matter in mortgages.

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Speaker 4: Taking a look at the home builders today as.

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Speaker 5: Well, we have looking at S one five Home that's

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Speaker 5: an index that tracks home builders. We're seeing shares of

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Speaker 5: that index down about four tenths of a percent on

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Speaker 5: the day, and it's interesting if we kind of look

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Speaker 5: at how the sector has been doing so far this year,

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Speaker 5: not too much activity. We're seeing the index ending it's

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Speaker 5: on track to end the year at about six tenths

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Speaker 5: of a percent higher. This is really interesting when you

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Speaker 5: put it against what we've seen in recent year twenty

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Speaker 5: twenty three Banner year up eighty percent. But on the day,

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Speaker 5: of course, we're really looking at home volters because we

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Speaker 5: did get some data October home prices rose four tenths

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Speaker 5: of a percent versus the previous month.

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Speaker 4: That's interesting.

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Speaker 5: Yeah, it's a guest estimates for an increase of just

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Speaker 5: one tenth to one percent. So clearly prices are continuing

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Speaker 5: to rise amid the fact that we also have really

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Speaker 5: really high mortgage rates right now.

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Speaker 4: Yeah, exactly, not really historically true.

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Speaker 5: But did you ask the average person, they would say,

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Speaker 5: on if you ask a younger person.

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Speaker 4: This is crazy. Just gonna say, gonna.

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Speaker 3: Say market stuff as always, Thank you so much, really

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Speaker 3: appreciate it. Bloomberg TV Market's correspondent Nora Melnda.

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Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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